MITSHI INDIA LIMITED
Meeting Details
The Board of Directors meeting was duly convened and held at the registered office of the Company on Friday, 4th September 2026 from 5:30 PM to 7:00 PM.
Board Resolutions Approved
1. Board's Report Approval: The Board considered and approved the Board's Report along with annexures for the financial year ended 31st March 2026.
2. Secretarial Auditor Appointment: Board appointed CS Vishakha Agrawal of M/s. Vishakha Agarwal & Associates as Secretarial Auditor for a term of 5 financial years commencing from FY 2026-27 till FY 2030-31, subject to approval of members at the ensuing general meeting.
3. Loans and Guarantees Approval: Board approved to advance loan(s), give guarantee(s), and/or provide security(ies) under Section 185 of the Companies Act, 2013.
4. Investment Threshold Increase: Board approved increase in threshold of loans/guarantees, providing of securities and making of investments in securities under Section 186 of the Companies Act, 2013.
5. Related Party Transactions: Board approved related party transactions including material related party transactions under Section 188 of the Companies Act, 2013.
6. Foreign Investment Limit Increase: Board approved increase in the limit of investment in the capital of the company up to 49% of the total paid-up capital by foreign portfolio investors, foreign institutional investors, foreign direct investment and non-resident Indians, subject to compliance with Foreign Exchange Management Act, 1999 and applicable laws.
7. Secretarial Audit Report: Board approved the secretarial audit report for the year ending 31st March 2026 as provided by M/s. MK Samdani & Co.
8. Secretarial Auditor Resignation: Board approved the resignation of M/s MK Samdani & Co. as Secretarial Auditor with effect from closing hours of 4th September 2026, vide resignation letter dated 04.09.2026.
9. AGM Notice: Board approved the Notice of 36th Annual General Meeting and authorized someone to issue the same to all shareholders.
10. 36th AGM Details: Board approved the following details for the 36th AGM:
- Date: 29th September 2026
- Day: Tuesday
- Time: 3:00 PM
- Venue: Through Video Conferencing/Other Audio Visual mode
11. Book Closure Period: Fixed from Wednesday, 23rd September 2026 to Tuesday, 29th September 2026.
12. Cut-off Date: Fixed as Tuesday, 22nd September 2026 for determining eligibility of members to vote by electronic means or at the AGM.
13. Remote E-Voting Period: Shall commence from Saturday, 26th September 2026 (9:00 AM) and end on Monday, 28th September 2026 (5:00 PM).
14. Scrutinizer Appointment: Board approved appointment of Ms. Vishakha Agrawal of M/s. Vishakha Agrawal & Associates as scrutinizer for the process of e-voting as well as voting at 36th AGM.
Annexure Details
Annexure A - Appointment Details (CS Vishakha Agrawal):
- Date of appointment: 4th September 2026
- Term: Five consecutive years from FY 2025-26 to FY 2029-30 (subject to shareholder approval)
- Brief Profile: M/s. Vishakha Agrawal & Associates, Practicing Company Secretaries established by Vishakha Agrawal, with experience in Company Law, Securities Laws, Secretarial Audit
Annexure B - Resignation Details (M/s MK Samdani & Co.):
- Reason for resignation: Professional and other commitments
- Date of resignation: 4th September 2026
Resignation Letter Details
M/s. M.K. Samdani & Co., Practising Company Secretaries tendered their resignation as Secretarial Auditor effective 4th September 2026 due to professional and other commitments. The resignation was signed by Megha Kamal Samdani (CP No. 21853) of Ahmedabad office.